The last month has been challenging for bitcoin BTC $66,566.18 traders, with prices fluctuating in response to President Donald Trump’s indecisive remarks regarding Iran. One day he advocates for peace, causing bitcoin and risk assets to surge while oil prices decline; the following day, he adopts a hawkish stance, leading to a drop in bitcoin … Read more
Bitcoin sell pressure is escalating as the price approaches a sixth consecutive monthly loss. However, underlying flows reveal a divided market, with short-term holders exiting while institutions are stepping in to absorb the supply. Bitcoin’s price dipped below $65,000 late Tuesday, a notable decline from its earlier peak of over $74,000 in March. The recent … Read more
In week 14, Bitcoin experienced a continuation of its downtrend, with price action finding support around the $65,000 mark, as detailed in latest market pulse report. The leading cryptocurrency dipped below $68,000 mid-week, tested support at $65,000, and then made a modest recovery to around $67,000 as the weekend approached. The trend of lower highs … Read more
Over the past week, Bitcoin’s price faced challenges, reflected in its ETF market, where Bitcoin spot ETFs experienced their first net outflows in a month. Prior to this trading session, these investment funds had enjoyed a four-week bullish run, leading to a total net inflow of $2.21 billion. Data reveals that the total trading activity … Read more
On Yesterday, Bitcoin’s price dipped below $66,500, marking its lowest point in over two weeks. This decline was driven by a surge in long liquidations coupled with increasing macroeconomic pressures impacting the crypto market. According to data, nearly $300 million in long positions were liquidated over the past 24 hours, while short liquidations amounted to … Read more
Bitcoin price surged on Yesterday as market participants responded to indications that Iran might pursue a complete resolution to its conflict with Israel, rather than just a temporary ceasefire. The change in tone, as highlighted by regional media and reflected in diplomatic signals from Washington, contributed to a rise in risk assets and a decline … Read more
Crypto markets experienced a notable rebound at the beginning of the week, with bitcoin regaining the $70,000 mark as diminishing geopolitical tensions bolstered risk appetite. The action came after a brief halt in U.S. attacks on Iranian energy assets, contributing to a decline in oil prices and alleviating concerns about inflation. Wintermute’s latest market outlook … Read more
Bitcoin has initiated a significant drop, falling below $71,200 and $70,500. The price is currently trading under $70,500 and below the 100 hourly simple moving average. A bearish trend line is emerging, showing resistance at $69,200 on the hourly chart for the BTC/USD pair, according to data. The pair could face further declines if it … Read more
The Bitcoin price has been on a consistent recovery path in recent weeks, making multiple attempts to achieve a sustained breakout above the $74,000 mark. However, the leading cryptocurrency appears to be overshadowed by the ongoing geopolitical tensions involving the United States, Israel, and Iran. The ongoing conflict in the Middle East has emerged as … Read more
Bitcoin has returned to its well-known consolidation range, hovering between approximately $65,000 and $74,000, following a brief effort to breach the higher resistance levels near $76,000 earlier this week that ultimately fell short. Currently trading at approximately $69,000, insights from market analysts indicate that the market is expected to stay in an accumulation phase until … Read more